Las Vegas Sands (LVS) EBT (2009 - 2026)
Las Vegas Sands (LVS) recorded quarterly EBT of $748.0 million in Q1 2026, up 35.75% quarter-over-quarter from $551.0 million in Q4 2025, and up 58.81% on a YoY basis from $471.0 million in Q1 2025.
Las Vegas Sands (LVS) EBT (2009 - 2026) Analysis & Trends
Las Vegas Sands' EBT history runs 18 years deep, the most recent figure standing at $748.0 million for Q1 2026.
- In Q1 2026, EBT rose 58.81% year-over-year to $748.0 million; the TTM figure through Mar 2026 stood at $2.5 billion (up 35.99% YoY), while the FY2025 annual figure was $2.2 billion, up 12.91% from the prior year.
- EBT was $748.0 million for Q1 2026 at Las Vegas Sands, up from $551.0 million in the prior quarter.
- In the past five years, EBT ranged from a high of $748.0 million in Q1 2026 to a low of -$476.0 million in Q1 2022.
- Historically, EBT has averaged $312.3 million across 5 years, with a median of $471.0 million in 2025.
- The sharpest annual moves came in 2022 and 2023: EBT sank 78.95% in 2022, then jumped 306.27% in 2023.
- A 5-year view of EBT shows it stood at -$287.0 million in 2022, then surged by 306.27% to $592.0 million in 2023, then declined by 22.13% to $461.0 million in 2024, then climbed by 19.52% to $551.0 million in 2025, then surged by 35.75% to $748.0 million in 2026.
- The last three EBT figures came in at $748.0 million (Q1 2026), $551.0 million (Q4 2025), and $582.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 10.77 Bn | 9.94 Bn | 1.77 Bn | 160.67 Mn |
| 2 | Boyd Gaming | 6.75 Bn | 6.74 Bn | 742.51 Mn | 137.01 Mn |
| 3 | Melco Resorts & Entertainment | 6.64 Bn | 6.49 Bn | - | 78.00 Mn |
| 4 | Caesars Entertainment | 5.96 Bn | 5.18 Bn | 2.71 Bn | -71.00 Mn |
| 5 | Vail Resorts | 4.85 Bn | 4.81 Bn | - | 298.13 Mn |
| 6 | Hilton Grand Vacations | 4.07 Bn | 3.97 Bn | 1.10 Bn | 74.00 Mn |
| 7 | Red Rock Resorts | 3.34 Bn | 3.31 Bn | 491.72 Mn | 95.85 Mn |
| 8 | Marriott Vacations Worldwide | 3.09 Bn | 2.82 Bn | 1.23 Bn | 45.00 Mn |
| 9 | PENN Entertainment | 2.57 Bn | 1.85 Bn | 971.20 Mn | 5.90 Mn |
| 10 | Las Vegas Sands | - | - | 3.56 Bn | 748.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 748.00 Mn |
| Dec 31, 2025 | 551.00 Mn |
| Sep 30, 2025 | 582.00 Mn |
| Jun 30, 2025 | 609.00 Mn |
| Mar 31, 2025 | 471.00 Mn |
| Dec 31, 2024 | 461.00 Mn |
| Sep 30, 2024 | 403.00 Mn |
| Jun 30, 2024 | 496.00 Mn |
| Mar 31, 2024 | 600.00 Mn |
| Dec 31, 2023 | 592.00 Mn |
| Sep 30, 2023 | 571.00 Mn |
| Jun 30, 2023 | 417.00 Mn |
| Mar 31, 2023 | 195.00 Mn |
| Dec 31, 2022 | -287.00 Mn |
| Sep 30, 2022 | -320.00 Mn |
| Jun 30, 2022 | -304.00 Mn |
| Mar 31, 2022 | -476.00 Mn |
| Dec 31, 2021 | -301.00 Mn |
| Sep 30, 2021 | -621.00 Mn |
| Jun 30, 2021 | -286.00 Mn |